V. Kondrat’ev, Institute of World Economy and International Relations, Russian Academy of Sciences (IMEMO), 23, Profsoyuznaya Str., Moscow, 117997, Russian Federation (firstname.lastname@example.org)
Theoretical research and empirical calculations provide a persuasive evidence of close relationship between infrastructure and economic growth. Infrastructure costs can directly or indirectly affect the GDP by stimulating private-sector investment and contributing to growth of employment, productivity and exports. Currently, the most dynamically developing infrastructure is in China. Russia significantly lags behind in this process.
infrastructure, economic growth, investment, modernization, competitiveness, employment, jobs, productivity, public-private partnership
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